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A dimension is the type of information that you want to add to your entry. For example, the cost controller wants to analyze the expenses for each department. Instead of setting up separate general ledger accounts for each department, a dimension called Department can be set up.
A dimension value is one of the possible values for a dimension that you can add to your entry. For example, the cost controller can set up a dimension value for each department called Sales, Administration, and so on. Each dimension can have an unlimited series of dimension values that are sub units of that dimension.
Dimensions and dimension values are user-defined and unlimited, meaning that dimensions are customized for each company. The more dimensions that you use, the more detailed reports you will have to base your business decisions on. For example, a single sales entry can include multiple dimension information.